Coinbase and Citi Team Up to Solve Crypto’s Biggest Obstacle to Institutional Money: Here’s Why It Matters

Benzinga and Yahoo Finance LLC may earn commissions or revenue from certain articles through the links below. The gap between traditional finance and digital assets has narrowed further. Coinbase Global Inc. (NASDAQ:COIN) and Citigroup Inc. (NYSE:C) announcement A collaboration last week aimed to make it easier for large institutions to move money using stablecoins and…

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Bitcoin price exceeds $ 114,000 in the midst of growing bets on Fed interest rate declining

Bitcoin (BTC-USD) pushed $ 114,000 (£ 84,350), supported by cooler inflation inflation data on Thursday morning and an increase in institutional entries in funds negotiated on the stock market (ETF). The cryptocurrency increased after the American producer price index (PPI) of Wednesday showed a wholesale inflation in August, prices decreasing by 0.1% per month and…

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